Gold Prices Steadied near $1,840 an ounce on Friday after retreating from multi-month highs in the previous session, as investors look ahead to a key US jobs report that could shed light on the Federal Reserve’s policy tightening path.
The metal fell more than 1% on Thursday after data showed that US private employment increased by 235,000 jobs in December, far exceeding expectations for a 150,000 rise.
The latest JOLTs Job Openings figures and jobless claims numbers also pointed to a still-tight US labor market, giving the US central bank room to keep raising interest rates.
Meanwhile, concerns over the health of the US economy continued to support gold prices as the latest US manufacturing and services PMI data indicated weakening activity in the world’s largest economy.
While 1 Tola gold price in Pakistan today for 24 karats is 183,500. It has fallen as compared to yesterday’s 1 Tola gold price in Pakistan for 24 karat that was 187,900. Likewise, 10-gram gold price in Pakistan today for 24 karats is 157,320. It has fallen as compared to yesterday’s 10-gram gold price in Pakistan for 24 karat that was 161,100.
While Also Gold Prices As Per Sarafah Bazaar Association Of Pakistan today for 6th January 2023.
Gold Rate | 24k Gold | 22k Gold |
---|---|---|
Per Tola Gold | Rs 183,500 | Rs 168,191 |
Per 10 Gram Gold | Rs 157,320 | Rs 144,209 |
Per Gram Gold | Rs 15,732 | Rs 14,421 |